Necrosis of the state, an economic buggery

If the state is to provide resources to its citizens it must obtain them from somewhere, primarily through tax.

Stage 1: A portion of everyone's wealth is taken and used to pay for things the state does. It will only take you so far. https://en.wikipedia.org/wiki/Taxation
Stage 2: Printing money, now specific individuals no longer feel the direct shock of a paycheck being cut in half from a group of politicians but rather, many months after the money printing see that the things they want to buy are more expensive and that their paycheck does not go as far as it used to. This is an efficient way to pillage but runs the risk of eating at economic growth as the money printing harms production and trade. https://en.wikipedia.org/wiki/Quantitative_easing
Stage 3: An agreement to transfer wealth from future productivity to the present, to take out loans on future expected income from tax in order to pay for the functions of the state. https://en.wikipedia.org/wiki/Bond_%28finance%29

This is where we are at now, the state has maximized all 3 stages of pillaging to the brim, it must continue to maximize them else it cannot maintain the size relative to the GDP it is at, the states interest on the debt it owes is beginning to exceed their ability to pay it back, the only savior is economic growth, of which is insufficient because when you maximize all 3 stages of pillaging you eat from that growth.

The final stage, a stage 4 pillaging has just been witnessed in Europe, a direct seizure of wealth, property, resources from the populace, the state has cemented its death, for it to survive it must undergo serious amputation, lest they roam the world as zombies.